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MSNBC 4
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MSNBC
Feb 10, 2010 12:00pm EST
a big eye there. let's get a check on wall street where fed chairman ben bernanke is making investments nervous. sfoks are down after bernanke outlined the ways fed can pull back on the $1 trillion being used to prop up the economy. today's house financial services commity hearing was postponed because of the snow in d.c. the fed decided to release bernanke's prepared remarks anyway. so we are going the keep our eye on how the markets respond there throughout the day. you can see as we stand still above the 10,000 mark but down 37 points on the day. stocks are low on fears any move by the fed to pull out money from the financial system could hurt the recovery. >>> the sex scandal surrounding john edwards is back in the news. today's the deadline for former aide to turn over an alleged sex tape. senior investigative correspondent lisa myers joins me now. has he done it yet? is the plan that he will turn it over during a court hearing? >> well, as of a couple of hours ago the tape was in the sheriff's office in north carolina. and was going to be delivered to the court around 2:00 today w
MSNBC
Feb 24, 2010 12:00pm EST
-- to lowest level since world war ii. ben bernanke sunday pressure to explain how to wrap up the central bank's program to inject emergency cash into the economy. he testifying before house lawmakers today who sits on the financial services committee. his job is a tough one because the economy is still shaky and ending the rescue program too soon could put us back in dangerouster. hay told lawmakers the fed members believe the recovery -- the recovery will remain high the next few years. >> consistent with moderate economic growth, expecting the unemployment rate to decline slowly. to arrange 6 opinion 5 toerz 7 opinion 5% by the end of 2012. still well above their estimates of the long run sustainable rate of 5%. >> bernanke said he's also committed to keeping interest rates low and you can see how that isn't landing on wall street. the dow jones industrials up 87.5. s&p popped up 9. nasdaq is up 22. by the way, the securities and exchange commission just voted today to make new rules to limit short selling on stocks that drop 10% or more. the vote was very close. >>> an investigation of a p
MSNBC
Feb 24, 2010 3:00pm EST
. in the meantime, send it to cnbc's julia boorstin for the market wrap. >>> fed chairman ben bernanke vowed to keep rates low. yahoo! and twitter announced a deal that would allow users to cross access updates and streams. yahoo!'s efforts to tap social networking, they struck a similar deal with netbook in december. >>> divisions are ski rocketing, much due to states hard hit leaving funding for education. nevada is among states raising 10 to 15%. that's it for cnbc, first in business worldwide. david, over to you. >> julia, thank you very much. >>> if your child was not making the grade, who would you blame, the teacher or the student? rhode island central falls high school has a 52% dropout rate. only 48% of the students get their diplomas. last night the school board voted five to two to fire the entire teaching staff and many administrators. the teachers and administrators got a pink slip effective at the end of the year. the school superintendent said enough is enough. >> we are your business. >> report cards based on the entire manner in which we run our schools. >> joining us from rhode isl
MSNBC
Feb 24, 2010 10:00am EST
bernanke. t.a.r.p. was supposed to be used to counter the mortgage crisis, not to bail out the big banks. do you believe mccain was misled? >> no, i don't, monica. the night before on nbc nightly news, you may remember john yang had a record that feerchbd john mccain saying because of his experience, he was best equipped to rhett republic arizona. now, in western inventory knack ewe lar, this ain't john's first rodeo. when he suspended his campaign to go back to washington to sit face-to-face with those decisionmakers, now a couple years later, he's telling us he was misled? i have to tell you, this is isn't revision of history. that sounds more like john kerry in 2004 than the john mccain i used to work with. >> and the mccain camp is attacking your spending record. they have a radio ad saying you talk like a conservative, but you spend like a liberal. they're citing your vote for the bridge to nowhere. you supported the 2003 medicare prescription drug benefit. what do you think of those ads? what do you think of those allegations? >> well, first of all, with all due respect, i understa
Search Results 0 to 3 of about 4